- Report: #111881
Report - Rebuttal - Arbitrate
Complaint Review: Capital Acquisition & Management (CAMCO)
Capital Acquisition & Management (CAMCO)P.O. Box 5087 Ft. Lauderdale, Florida U.S.A.
Capital Acquisition & Management (CAMCO) Collection Agency Ripoff Ft. Lauderdale/Rockford Florida/Illinois
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This company purchased very old debts, sometimes 15 or 20 years old, and tries to collect on them. They try to get what they think they can get. Usually they have only paid pennies on the dollar for the right to collect the debt. For example, a $2000 debt might have cost them $20 to acquire. If the statute of limitations has expired, they cannot collect. That will vary by state. If the debt is off your credit report and is very old, you should send a letter to the company's addresses as well as the owner and registered agent demanding that they stop contacting you. Copy the state attorney general if you like, of inform them that this will be your next step if they do not cease and desist from their harrassment.
This report was posted on Ripoff Report on 10/07/2004 08:42 AM and is a permanent record located here: http://www.ripoffreport.com/r/Capital-Acquisition-Management-CAMCO/Ft-Lauderdale-Florida-33310-5087/Capital-Acquisition-Management-CAMCO-Collection-Agency-Ripoff-Ft-LauderdaleRockford-111881. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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